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Showing Original Post only (View all)Trump advisers contemplating cuts to Medicaid and other welfare programs [View all]
Source: Guardian
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Donald Trump
Trump advisers contemplating cuts to Medicaid and other welfare programs
Further plans include blows to food stamps that could threaten millions of Americans to fund tax cut extensions
Donald Trumps economic advisers and congressional Republicans are discussing possible cuts to Medicaid, food stamps and other government welfare programmes to cover the costs of extending the president-elects multitrillion-dollar 2017 tax cut.
The cuts could mean new work requirements and spending caps, according to the Washington Post, citing sources involved in the talks, including aides in Trumps transition team.
Extending the tax cuts most of which are due to expire next year could add $4tn to the national debt, which already stands at $36tn.
But Republicans fear triggering a political backlash by slashing programmes that serve an estimated 70 million Americans to pay for a tax cut that disproportionately benefits the wealthy.
Read more: https://www.theguardian.com/us-news/2024/nov/18/trump-medicaid-food-stamps-welfare